🔔 Price of SCRT has increased by 30.83% in the past 7d.
🔸 Price: SCRT, currently at $0.65, has shown an uptrend in the past 7d with a 32.49% increase from 7d low of $0.49.
🔸 Trade Volumes: Increased by 405.7% from the 7-day low to around $304,369.75. The surge in trading volume by 405.7% appears to have a strong correlation with the 32.49% price appreciation of SCRT over the past week, suggesting that the volume increase may have been a significant factor in driving the price movement.
🔸 Capital Flows: Increased from -29,798.80 SCRT in the past 7d to 269,773.00 SCRT, indicating a uptrend. The positive shift in capital flow into SCRT, transitioning from an outflow of 29,798.80 SCRT to an inflow of 269,773.00 SCRT over the past week, appears to correlate with the token's price appreciation of 32.49% from its 7-day low.
🔸 Order Book Depth: The SCRT order book displays a significant depth with a total buy quantity of $32,553.20 outweighing the sell quantity of $3,843.70, suggesting a potential buying pressure that may support the recent uptrend where the price has risen by 32.49% from a 7-day low of $0.49 to the current $0.65.
📈 Technicals:
🔸 MACD: The MACD's frequent crossovers and current bullish divergence trend suggest a volatile yet upward price momentum, as evidenced by the increasing price trend.
🔸 RSI: The RSI, averaging at 66.47 and maintaining a neutral trend, suggests a cautiously optimistic market sentiment, aligning with the observed increasing price trend, but warrants vigilance for potential overbought conditions or trend reversals.
🔸 OBV: The OBV shows an increasing trend alongside an increasing price trend, which reflects continued buying pressure and a bullish market sentiment, reinforcing the positive price momentum.
🔸 Bollinger Bands: The Bollinger Bands are expanding, signaling heightened market volatility, with the price breaching the upper band five times and not breaching the lower band at all, indicating a strong bullish trend and possible overbought conditions.
